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International Edition

John Rowland QC: What lies ahead for insurers who fail or refuse to pay a valid claim?

Insurers and insurance lawyers will be familiar with the existing line of case law (beginning with The Italia Express) that establishes at Court of Appeal level (see Sprung v Royal Insurance) that, under English law, an insured is not entitled to recover as damages any consequential losses flowing from an insurer's failure or refusal to pay a valid claim. Currently, the only remedy for late (or non-) payment of the indemnity is the discretionary award of interest.
4 minute read

International Edition

Former Burges Salmon head Stobart joins Kennedys as chief exec

Burges Salmon's former managing partner Guy Stobart has joined Kennedys as chief executive. Stobart, who is set to join the insurance firm in September, will replace Ric Martin in the role. Martin will take up a new management position for the firm's Asian and Australasian offices.
2 minute read

International Edition

The Judge goes east in Lockton tie-up

Specialist after-the-event insurance broker The Judge has set up in Asia after entering into a partnership with international broker Lockton. The tie-up with one of the world's largest privately-owned brokers means The Judge will offer litigation insurance in Hong Kong and Singapore.
2 minute read

International Edition

Pinsents/Salans alliance yields results with role on Hiscox TMT pilot scheme

Pinsent Masons has won its first major mandate since launching a strategic alliance with Salans, with the law firm securing a role as sole adviser in a value billing pilot scheme for insurance giant Hiscox. The firm has been selected to take part in a 12-month pilot scheme that will see it take on all technology disputes work for Hiscox using alternative billing structures.
2 minute read

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